+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 47598

2

Bedrooms

77 sq.m.

Square

Parameters

Property Description

This six-storey residential building is located in a prime area of Larnaca, offering a modern architectural style and premium amenities. The project consists of 11 elegant apartments, including a full-floor penthouse with spacious verandas. Each unit provides privacy with only two apartments per floor, while residents enjoy features such as Italian kitchens, high-end finishes, and smart home readiness. The building also includes private storage rooms and covered parking, all just minutes away from Finikoudes Beach.

The main features of the project and the units:
• Six-storey residential building with 11 apartments
• Full-floor penthouse with large verandas
• Two apartments per floor for enhanced privacy
• Italian ready-made kitchens and high-end finishes
• Smart home readiness
• Private storage room for each apartment
• Covered parking spaces
• Prime location near Finikoudes Beach

The project has an EPC certificate with “A” energy efficiency rating.

Features

Car park

Car park

Statistics

€ 3 329

Price per sq.m.

166

Quality of Life Index

53

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 796

Apartment (1 bedroom) Outside of Centre

€ 599

Apartment (3 bedrooms) in City Centre

€ 1 475

Apartment (3 bedrooms) Outside of Centre

€ 1 094

Buy Apartment Price

Price per square metre in the city centre

€ 3 329

Price per square metre outside the city centre

€ 1 780

Similar Property

270 000

2 Bedrooms

77 sq.m.

+ VAT

270 000

2 Bedrooms

77 sq.m.

+ VAT

270 000

2 Bedrooms

77 sq.m.

+ VAT

270 000

2 Bedrooms

77 sq.m.

+ VAT

Features

Outdoor features

Car park

Car park

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